Shipping lines could lose 5 million teu from China recyclate ban

Research from Drewry Maritime Advisers has suggested that the ban on certain recyclable materials by China could cost shipping lines up to 4-5 million teu (twenty foot equivalent unit container) in lost business.

According to its research, the China ban on mixed paper and most plastic grades, will lead to the loss of 3% of global container trade.

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However, shipping lines will not necessarily lose out, as rising exports to China of agricultural products . . .